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Feb 1, 2021

One of the first topics we covered in this podcast was about understanding how profitable your online business should be.

It’s been almost 3 years ago we released that episode, so we wanted to check back in and share our updated outlook on what a profitable online business looks like. 

In this episode, we discuss:

  • What profit is and how much of it your online business can have

  • Why only focusing on revenue won’t guarantee you a profitable online business

  • How our clients’ profit margins have changed over the past 3 years

  • What information you need from your financial reports to help you understand your own profits

  • How your business model and marketing strategy can greatly affect your profitability potential

  • How proper bookkeeping can make your business far more profitable